Dow Jones Top Company Headlines at 5 AM ET: Google to Double Spending as Earnings Beat Wall Street Expectations | Maersk ...

Dow Jones
02/05

Google to Double Spending as Earnings Beat Wall Street Expectations

AI is supercharging Google's advertising and cloud-computing businesses, and the company is ramping up spending to unheard-of levels.

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Maersk Lowers Earnings Outlook; To Cut 100 Jobs

Shares in A.P. Moller-Maersk fell after it said earnings would drop sharply this year and announced job cuts as part of plans to save around $180 million annually.

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TSMC to Make More-Advanced Chips in Japan as Part of AI Push

Taiwan Semiconductor Manufacturing's 3-nanometer technology represents a major leap for Japan, which doesn't have capacity to mass produce advanced chips essential for artificial intelligence.

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Volvo Car Shares Slump as Automaker Warns of Another Tough Year

The company said it would seek a further $556 million in cost savings and that it expects the overall premium market to shrink in 2026.

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BNP Paribas Lifts Midterm Targets

The eurozone's largest lender in terms of assets is banking on cost-cutting and profit-boosting initiatives to drive growth.

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Nike Is Investigated for Alleged Discrimination Against White Workers

The Equal Employment Opportunity Commission is investigating allegations that Nike's diversity, equity and inclusion objectives resulted in "a pattern or practice of disparate treatment against white employees."

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SpaceX Seeks Early Index Entry as It Prepares Massive IPO

Advisers to Elon Musk have reached out to major index providers seeking ways to secure earlier inclusion in market benchmarks to lift shares.

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Shell Keeps $3.5 Billion Buyback Despite Earnings Fall

Adjusted earnings-a closely watched metric that strips out certain commodity-price adjustments and one-time charges-fell to $3.26 billion from $5.43 billion in the preceding quarter.

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Sony Raises Guidance on Strength of Game, Music Businesses

The Japanese company continues to expect U.S. tariffs to weigh on operating profit by ¥50 billion this fiscal year.

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Baidu Plans $5 Billion Share Buyback, Inaugural Dividend

The board of China's dominant search engine approved a dividend policy for the company's ordinary shares that could include regular or special payouts.

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Leader of Paul Weiss Resigns Over Epstein Ties

Newly released files show Brad Karp exchanged emails about a client with convicted sex offender.

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The $100 Billion Bet on Venezuelan Oil Relies on a Broken State Company

Foreign energy companies are facing a legal minefield dealing with PdVSA, which has long been accused of corruption.

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Arm Holdings Expects Slower Revenue Growth in Fourth-Quarter

The British semiconductor company forecast slower revenue growth despite rising demand for its chip designs for artificial intelligence data centers.

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The Big Winners From SpaceX, xAI's Tie-up Are Twitter Shareholders. These Are the Losers.

SpaceX was the acquirer in the deal with xAI, its also the better business of the two.

 

(END) Dow Jones Newswires

February 05, 2026 05:00 ET (10:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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